7/406 Hay StreetSomerville WA 6430
Property Details for 7/406 Hay St, Somerville
7/406 Hay St, Somerville is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2010. The property has a land size of 202m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (November 2024)
Discover a solid investment opportunity in this modern 2-bedroom unit, located in a secure, gated complex. Ideal for investors seeking a hassle-free property, this unit offers the stability of a long-term Government Regional Officers' Housing (GROH) lease, providing a guaranteed rental income until November 2025. With its low-maintenance appeal and convenient location near public transport, this property is a must-see.Property Features:- 2 Spacious Bedrooms with built-in robes, ensuring ample storage- 2 Modern Bathrooms for added convenience and comfort- Open-Plan Kitchen and Living Area, perfect for a relaxed, contemporary lifestyle- Natural Gas Supply, offering efficient and cost-effective utility options- Gas Cooking & Gas Hot Water System-a reliable and budget-friendly setup- Evaporative Air Conditioning to keep the unit cool during warmer months- Undercover Carpark for secure, protected parking- Gated Complex provides additional security and peace of mind- Long-Term GROH Lease in place until November 2025, generating $560.00 per week- Built in 2012- Strata Levies: $466.40 per quarter- Council Rates: $2,232.00 approx. per annum- Water Rates: $300.00 approx. per annumThis unit presents a fantastic opportunity for investors looking for steady, guaranteed rental income with minimal upkeep. Don't miss out on this reliable investment.For more information or to arrange a viewing, contact Carolyn Brown at 0407 540 341 or carolyn@elitechoicerealestate.com.au.
Property History for 7/406 Hay St, Somerville, WA 6430
- 25 Sep 2024Sold for $335,000
- 17 Sep 2024Listed for Sale $339,000
- 06 Aug 2021Sold for $262,500
Recent sales nearby
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About Somerville 6430
The size of Somerville is approximately 4.7 square kilometres. It has 10 parks covering nearly 15.0% of total area. The population of Somerville in 2016 was 4156 people. By 2021 the population was 4165 showing a population growth of 0.2% in the area during that time. The predominant age group in Somerville is 0-9 years. Households in Somerville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerville work in a trades occupation.In 2021, 59.50% of the homes in Somerville were owner-occupied compared with 59.00% in 2016.
Somerville has 1,830 properties. Over the last 5 years, Houses in Somerville have seen a 36.69% increase in median value, while Units have seen a 73.75% increase. As at 31 December 2025:
- The median value for Houses in Somerville is $645,996 while the median value for Units is $319,035.
- Houses have a median rent of $810 while Units have a median rent of $600.
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